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In its 2018 10-K annual report, Microsoft Corporation reported the following revenues: Fiscal Year Ended June 30 (S millions) 2018 2017 2016 Total revenues
In its 2018 10-K annual report, Microsoft Corporation reported the following revenues: Fiscal Year Ended June 30 (S millions) 2018 2017 2016 Total revenues $110,360 $96,571 $91,154 Calculate the yearly revenue growth for this period. Based on this trend, what revenue would you forecast for fiscal year 2019? Note: Round your answers to one decimal place (ex: 0.2345 = 23.5%) 2018 2017 % In December of 2016 (i.e., almost in the middle of fiscal year 2017, Microsoft completed its $27.0 billion acquisition of Linkedin Corporation. In the 10-K footnotes for 2018, Microsoft reports Following are the supplemental consolidated financial results of Microsoft Corporation on an unaudited pro forma basis, as if the acquisition had been consummated on July 1, 2015: (In millions, except earnings per share) Year Ended June 30, 2017 2016 Revenue $98,291 $94,490 Using the footnote information, revise the growth calculations to separate the measures of "organic growth" from "purchased growth" Note: Round your answers to one decimal place (ex: 0.2345 = 23.5%) 2018 2017 Annual organic revenue growth
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